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Labor and Economic Development Committee

Friday, November 11, 2022 · 10:30 AM AM · Council Chambers

TL;DR

The Labor and Economic Development Committee met to discuss several city contracts and economic development initiatives. They recommended approval for multiple resolutions, including library material subscriptions, property transfers, and local business incentives. A special discussion about COVID-19's economic impact was also planned with experts from the University of Louisville, Republic Bank, and the Small Business Development Center.

Key Decisions

  • Library Digital Materials Contract Recommended for Approval
  • Property Transfer at South Fourth Street Recommended for Approval
  • Fire Detection Equipment Upgrade Passed
  • Local Incentives for Interapt LLC Passed
  • Entertainment Destination Center in Whiskey Alley Discussed
Agenda PDF

Agenda

  1. TEST MEETING ONLY - USE LABOR AND ECONOMIC DEV. COMMITTEE VIDEO FROM 4-14-20
  2. Call to Order
  3. Roll Call
  4. Pending Legislation
  5. 1. AN ORDINANCE CREATING A NEW SECTION OF CHAPTER 113 OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT CODE OF ORDINANCES TO ESTABLISH AN ENTERTAINMENT DESTINATION CENTER WITHIN THE WHISKEY ALLEY AREA.
    Ordinance
  6. 2. A RESOLUTION PURSUANT TO THE CAPITAL AND OPERATING BUDGET ORDINANCES, APPROVING THE APPROPRIATION TO FUND THE FOLLOWING NONCOMPETITIVELY NEGOTIATED AMENDMENT TO SOLE SOURCE CONTRACT FOR THE LIBRARY CONCERNING MAGAZINE AND NEWSPAPER SUBSCRIPTIONS AND OTHER MATERIALS FOR USE BY LIBRARY PATRONS - (OVERDRIVE, INC. - $750,000 FOR A NEW NOT-TO-EXCEED AMOUNT OF $1,250,000.00).
    Resolution
    Action: recommended for approval
  7. 3. A RESOLUTION DETERMINING A PARCEL OF REAL PROPERTY LOCATED AT SOUTH FOURTH STREET AND OWNED BY LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT (“METRO GOVERNMENT”) AS SURPLUS AND NOT NEEDED FOR A GOVERNMENTAL PURPOSE AND AUTHORIZING ITS TRANSFER TO SLS MANAGEMENT, LLC.
    Resolution
    Action: recommended for approval
  8. 4. A RESOLUTION PURSUANT TO THE CAPITAL AND OPERATING BUDGET ORDINANCES, APPROVING THE APPROPRIATION TO FUND THE FOLLOWING NONCOMPETITIVELY NEGOTIATED SOLE SOURCE CONTRACT FOR PARC CONCERNING UPGRADES TO PROPRIETARY FIRE DETECTION EQUIPMENT - (SIEMENS INDUSTRY, INC. - $50,000.00).
    Resolution
    Action: recommended for approval Passed
  9. 5. A RESOLUTION APPROVING THE GRANTING OF LOCAL INCENTIVES TO INTERAPT, LLC AND ANY SUBSEQUENT ASSIGNEES OR APPROVED AFFILIATES THEREOF PURSUANT TO KRS CHAPTER 154, SUBCHAPTER 32.
    Resolution
    Action: recommended for approval Passed
  10. Special Discussion
  11. 6. Special Discussion: COVID-19 Economic Impact Payments & Projected Economic Impact - 1. Dr. Paul Coomes, University of Louisville 2. Steve Trager, Republic Bank and Trust 3. David Oetken, Louisville Small Business Development Center
    Discussion Item
  12. Adjournment
  13. Note: Agendas are followed at the discretion of the Chair Person. While an item may be listed, it does not mean all items will be heard and/or acted upon by the Committee.